Snap shares gain 25% after release of quarterly earnings ðŸ’Ą

19:14 26 āđ€āļĄāļĐāļēāļĒāļ™ 2024

The shares of Snap (SNAP.US), a U.S.-based company that creates social media app Snapchat, are gaining nearly 25% before the opening of this week's last trading session. The reason for such sharp increases is twofold. First, Q1 results came in better than expected, and second, the company's Q2 forecasts were also revised significantly upward. 

Morgan Stanley analysts point out that the key measure driving optimism on the company's shares is the significant increase in demand from advertisers. No less important is the fact that the number of active app customers has increased. 

āđ€āļĢāļīāđˆāļĄāđ€āļ—āļĢāļ”āļ—āļąāļ™āļ—āļĩāļ§āļąāļ™āļ™āļĩāđ‰ āļŦāļĢāļ·āļ­ āļĨāļ­āļ‡āđƒāļŠāđ‰āļšāļąāļāļŠāļĩāļ—āļ”āļĨāļ­āļ‡āđāļšāļšāđ„āļĢāđ‰āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡

āđ€āļ›āļīāļ”āļšāļąāļāļŠāļĩ āļĨāļ­āļ‡āļšāļąāļāļŠāļĩāđ€āļ”āđ‚āļĄāđˆ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­

SECOND QUARTER FORECAST

  • Revenues expected to be between $1.23 billion and $1.26 billion, with an estimate of $1.21 billion
  • Adjusted Ebitda of $15 million to $45 million, an estimate of $10.6 million
  • Daily active users at 431 million, estimated 429.06 million

FIRST QUARTER RESULTS

  • Revenues $1.19 billion, +21% y/y, $1.12 billion estimate
  • Revenues in North America $743.1 million, +16% y/y, estimate $707.4 million
  • Revenues in Europe $195.8 million, +24% y/y, $179.6 million estimate
  • Revenues in the rest of the world $255.8 million, +34% y/y, $223.3 million estimate
  • Adjusted EPS $0.03 vs. $0.01 a year ago, estimated loss of $0.05
  • Adjusted Ebitda $45.7 million vs. $0.81 million y/y, estimated loss of $67.6 million
  • Daily active users 422 million, +10% y/y, estimated 419.83 million
  • North America - 100 million daily active users vs. 100 million y/y, estimated 100.34 million
  • Europe - 96 million daily active users, +3.2% y/y, estimated 96.96 million
  • Rest of the world - 226 million daily active users, +19% y/y, 222.91 million estimate
  • Average revenue per user $2.83, +9.7% y/y, $2.66 estimate
  • North America average revenue per user $7.44, +17% y/y, estimate $7.08
  • Europe average revenue per user $2.04, +20% y/y, estimate $1.87
  • Rest of world average revenue per user $1.13, +13% y/y, $1.00 estimate
  • Free cash flow $37.9 million, -63% y/y, estimate $105.9 million
  • Number of employees 4,835, -7% y/y, estimate 5,021

OTHER KEY COMMENTS:

  • Adjusted operating expenses for the fiscal year are expected to range from $2.425 billion to $2.525 billion
  • "We see limited opportunities to productively reduce adjusted operating expenses below this range, and if we can sustain higher revenue growth in the second half of 2024, we will invest prudently to support this growth," the company reported

The current estimated movement at the opening of the session is more than 5 standard deviations of the daily volatility on the company's shares observed since the beginning of 2020. Source: Author's own study

The current valuation of the company's shares before the opening of the session on Wall Street. Source: xStation 

 

 

āļŦāļļāđ‰āļ™:
āļāļĨāļąāļšāđ„āļ›

āļ‚āđˆāļēāļ§āđƒāļ™āļ•āļĨāļēāļ”āļāļēāļĢāđ€āļ‡āļīāļ™

30.06.2025
01:16

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰: āļ”āļ­āļĨāļĨāļēāļĢāđŒāļ­āđˆāļ­āļ™āļ„āđˆāļē āļ‚āļ“āļ°āļ—āļĩāđˆāļ”āļąāļŠāļ™āļĩāļŦāļļāđ‰āļ™āļŠāļŦāļĢāļąāļāļŊ āļžāļļāđˆāļ‡āļ—āļģāļˆāļļāļ”āļŠāļđāļ‡āļŠāļļāļ”āđƒāļŦāļĄāđˆāļ­āļĩāļāļ„āļĢāļąāđ‰āļ‡ (30.06.2025)

āļ”āļąāļŠāļ™āļĩāļŦāļļāđ‰āļ™āļŠāļŦāļĢāļąāļāļŊ āļ›āļīāļ”āđ„āļ•āļĢāļĄāļēāļŠ 2 āļ›āļĩ 2025 āļ—āļĩāđˆāļĢāļ°āļ”āļąāļšāļŠāļđāļ‡āļŠāļļāļ”āđ€āļ›āđ‡āļ™āļ›āļĢāļ°āļ§āļąāļ•āļīāļāļēāļĢāļ“āđŒ āļ—āđˆāļēāļĄāļāļĨāļēāļ‡āļ—āđˆāļēāļ—āļĩāļ‚āļ­āļ‡āļ˜āļ™āļēāļ„āļēāļĢāļāļĨāļēāļ‡āļŠāļŦāļĢāļąāļāļŊ (Fed) āļ—āļĩāđˆāđ€āļĢāļīāđˆāļĄāļ­āđˆāļ­āļ™āļĨāļ‡ āđāļĨāļ°āļ„āļ§āļēāļĄāļ„āļēāļ”āļŦāļ§āļąāļ‡āđ€āļāļĩāđˆāļĒāļ§āļāļąāļšāļ‚āđ‰āļ­āļ•āļāļĨāļ‡āļ—āļēāļ‡āļāļēāļĢāļ„āđ‰āļēāļĢāļ°āļŦāļ§āđˆāļēāļ‡āļŠāļŦāļĢāļąāļāļŊ...

22:45

EURUSD Breaks Over 1.1750 After Dovish Fed Signals 🕊ïļ

The EUR/USD extended its rally above 1.1750 following dovish remarks from Atlanta Fed President Raphael Bostic. He expressed openness to one rate cut in...

21:43

BREAKING: Fed Dallas Manufacturing Activity Below Estimates

15:30 BST, United States - Fed Dallas Manufactuing Activity for June: actual: -12.7 forecast: -12 previously: -15.7   Another...

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 600 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ